Active Penny Stocks in Midday Trading – FROG, SEFE, CBIS, HDSI, ECDC

by Charles Schmidt on April 10, 2012 · 0 comments

Stocks continue their fall for the fifth straight day due to disappointing economic news. The National Federation of Independent Business said its index of small business optimism fell last month after seeing six months of steady gains. Wholesale businesses also reported that they restocked shelves at a slower pace.

All eyes will be on Alcoa this afternoon as it kicks off the start of earnings season. The Dow is down 180 points, the Nasdaq is down 47 points and the S&P 500 is down 22 points.

FrogAds, Inc. (OTC:FROG) is up 21.95% in midday trading at $0.15 with an intraday high of $0.1548. FROG has traded 3 million shares so far today, well above its daily average of 1.6 million shares. FROG shares are bouncing back some today after the stock fell from $0.18 to $0.12 last week.

SEFE, Inc. (OTC:SEFE) is up 4.10% today at $1.27. SEFE has traded 2.9 million shares in midday trading, 7 times its daily average. SEFE announced today it is moving to new Science and Technology Center in Boulder, Colorado.

Cannabis Science, Inc. (OTC:CBIS) is down 16.90% today at $0.1180. CBIS shares have fallen more than $0.06 a share in the past week. CBIS has traded 13.8 million shares so far today.

HDS International Corp. (PINK:HDSI) has fallen 14.46% today at $0.0278. HDSI has traded 36.3 million shares so far today. HDSI shares are selling off today after bouncing about 200% in the past few days.

East Coast Diversified Corporation (OTC:ECDC) is up nearly 70% today at $0.0049. ECDC has traded 81.8 million shares so far today, way above its daily average of 138 thousand shares.

We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.

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